JPMorgan Among Top 10 Stock and Bond Fund Managers

The company in 2011 became the first bank to crack the list of 10 largest U.S. stock and bond fund managers, according to research firm Strategic Insight. Under global funds chief George Gatch, JPMorgan’s lineup posted higher net sales growth as a percentage of assets than any other firm with at least $50 billion, even as the bank spurned the charge by investors into index funds and posted middle-of-the-pack fund returns.